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Category: Careers

Recruiters these days are identifying talent long before it even really knows the direction in which it is going to get developed with companies lurking at career expos they might have even organised themselves. From the point of view of a company that’s exhibiting in a bid to land some business or spread brand awareness, a lot can still be learned from how exhibitions are run as part of a careers expo. …

You eat up every last bit of market data available and Bloomberg is always on in your office. Trading isn’t just a hobby it’s your passion. Choose a job you love, and you’ll never work a day in your life, but is a professional Forex trader a viable and sustainable career choice? And what are the steps you have to create this exciting career path as a professional Forex trader. Let’s take a look.

Step 1 – Strategy

The difference between hobbyist and professional is consistent income. In trading terms that means consistent returns on investment. If you are so passionate about trading then I am absolutely sure that you have a strategy in place. It could be based on technical or fundamental data, (although its probably a better idea to use both) because forex trading as a career without a strategy, is like jump roping on the edge of cliff. Although you might be successful for some time, eventually the fall will come.

To transition into more professional trading, being able to prove consistent returns is important. This shouldn’t be confused with a no-loss strategy (a unicorn or silver bullet strategy if you will), anyone on the markets knows that loss is part of trading. Overall though if your accumulative losses and wins keep you in the black then you have paved a solid path to professional trading.

Step 2 – Save

Most articles about how to trade are usually sell, sell, sell. They claim that you can trade with any amount (which is true to a certain extent) – but the truth is to be a professional Forex trader, you will need a bit more “heft” behind your trades. What I mean is that you need a slightly more substantial trading account if you intend to go pro. Most analysts say that $10,000 is a good starting level, because this means you won’t be as heavily dependent on leverage, which can skew your risk/reward ratio towards risk. For example, the chart below shows a movement of 53 pips at the opening of the market – which let’s say would be a $53 return with a $1000 position, but equates to $530 with a $10,000 position in an ideal scenario.

If your strategy is intraday – a more substantial account can help make smaller movement more profitable. Another benefit of trading with a bigger account is that it negates the need for high leverage. With a smaller account to make a trade that is significant enough you would have to use a high level of leverage – and a smaller move against your position could blow your account.

Step 3 – “The Back Door”

There are other methods to trade forex as a career – one is becoming a money manager. It’s not an easy gig to get into – you need a proven track record of between 2-3 years with documentation and a license within whichever jurisdiction you have clients. Of course, the license will also benefit you professionally as it would be extremely challenging to convince anyone to give you thousands of dollar, euros or pounds without any professional certification.

Another way to launch a career as a professional forex trader, is by partnering with a broker that offers an affiliate program. If you have a blog or a strong social media presence, then there are programs that allow you to point potential clients towards the company you are partnered with. Although it isn’t directly related to becoming a professional, this can be a jumping board for developing credibility and a pool of clients to draw from when you are ready to transition.

No matter how you choose to launch your career as a professional forex trader, partnering with a forex broker with risk management tools, an intuitive platform and fair trading conditions – that help the trader not the broker – can make achieving your dream just a little less challenging.

Choosing a career deserves thought. While you’ll move from job to job over the course of your working life, it’s much rarer for people for change their entire career in midstream. Building to a position of success in any career is the result of long hours of training and work, not just to acquire the qualifications you need for the particular industry you’ve focussed on, but also to prove yourself at a junior level before you can ascend the ranks. …

Your first day at work can be both memorable and stressful. You are excited to meet new friends and your new boss but at the same time, you might also feel a bit of pressure about meeting them since you don’t know if they will like you or not. You might be stressed about what you should wear on your first day because your primary goal is to impress everyone. …

You may be the brightest crayon in the box, but people will not be as opened to listening to you if you do not know how to present yourself in a professional manner. When you know how to dress to impress, you are much more likely to be heard in the business world. …

Not much in life can be harder on your mental and physical health than having extreme stress at work. Because people’s jobs are what primarily allows them to live the type of life they’re accustomed to, the chance of losing your job as a result of something that’s causing you stress at work can turn this stressful situation into a vicious circle of problems. Luckily, there are some things you can do to prepare yourself for a stressful time at work, whether it’s because you have a big review course coming up or you’re clashing with your boss. So to help you maintain some sanity in your life, here are three ways you can prepare yourself for a stressful time at work.…

Let’s get straight to the point. How many times have you switched careers? Are you happy in your career choice? Have you spent your whole life listening to what others think you should do? Maybe it’s time you try something in your actual wheelhouse.…

The average person spends over 60% of their week at their place of employment. When you factor in the amount of time in your week which is spent sleeping, you start to realize that the majority of your time is spent at work in the big picture.

All the money in the world isn’t going to make you happy if you aren’t healthy enough to appreciate it. And that means, whatever career you choose to absorb, you have to manage your health during the process. You have to find a right balance between work and play, and you have to stick to a plan once you decipher your goal.

A lot of young people want to be teachers in the beginning but they often change their mind a few months or maybe even a few years down the line. The answer to why that happens has a lot to do with the fact that most people aren’t psychologically prepared to be a teacher and their expectations end up clashing with the reality of the situation. To help you find out if you are meant for teaching, here are a few key attributes that every aspiring teacher should possess. …